The local banks are a good idea and you can check out Clayton Bank. 

Hello All,

First, Thank you for providing me with an endless supply of information and knowledge!

Second, I am new to Real Estate Investing (single family homes) and am looking for contacts in the Northern New Jerse...

I agree with @Eric Clayton that there should be a way to walk out.  

Hi all,I’ve been intrigued by this method ever since I heard it on Clayton Morris’ podcast.  

(I heard Clayton Morris in a podcast say $150K max in each LLC.)  

@Rashad Ellis Lowden St near Westfield Ave & Morris Ave is a solid area.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

risk /reward.. anyone with any common sense knows the two do not go together but yet these investors still chase those deals.Brokers just put the stuff up in the form of listings.. and I have not really seen a broker say an area was a B when it was really a D..unless its a Morris invest situation were he was a broker or is a broker and de frauded a ton of folks.. and his marketing messages were all bass akwards saying that D and low C tenants are better than  A and BI mean it happened to you personally right. ??

I forgot to mention if you haven't seen/heard the Podcast 151 with Clayton Morris, I highly recommend it, GR8 show.  

@Clayton Sneider You can also withdraw contributions penalty free but not earnings.